Hewlett-Packard 10BII Tutorial. Page 2. The GOLD and PURPLE shift keys. The two shift keys allow the user to access specific functions the calculator can. To begin, look at the face of the calculator. Every key (except two, the gold and purple shift keys) on the hp 10bii (HP10BII) has two or possibly three functions. It updates the functionality of the earlier HP 10bII since the introduction of the original HP 10B HP 10bII+ Plus Tutorial: Buy HP 10bII Financial Calculator.

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Calculator symbol key The procedures in this document use the following text to represent symbol keys:.

HP 10bii Calculator – Net Present Value and Internal Rate of Return

Europe, Middle East, Africa. This requires that you understand the calculations that the calculator is doing and the relationships between the variables. Well, the compounding assumption is hidden from view and in my experience people tend to forget to set it to the correct assumption. Javascript is disabled in this browser.

HP 10bII+ Plus Financial Calculator

Calculating internal rate of return. How much will you have accumulated at the end of this time period? Why are my answers for future value, present value or cash flow hpp on the hpbII always different from the answers from the hpC which are the correct answers?

Hit 1, red shift, PMT. Solving for the interest rate is quite common.

Please help me by showing me the mistake I have made. This tutorial will demonstrate how to use the financial functions to handle time value of money problems and make financial math easy. Before we get started, we need to correctly in my thtorial, anyway set up the calculator.


By default the 10BII displays only two decimal places. That’s fine, I suppose, but its better to set it to assume annual compounding and then make manual adjustments when you enter numbers.

Financial functions like TVM ; loans, savings; leasing; amortization; cash flow analysis: This gold button is like the typewriter shift key. We’ll begin with a very simple problem that will provide you with most of the skills to perform financial math on the 10BII:. Calculating net present value The net present value NPV function is used to discount all cash flows using an annual nominal interest rate that is supplied. The Hewlett Packard 10BII is a very easy to use financial calculator that will serve you well in all finance courses.

Calculating net present value. Note that the calculator has a continuous memory, so turning it off does not affect any data stored in the calculator. When pressed, the display flashes a message to indicate which mode is active. For business purposes, we will be focusing on the white and gold functions.

Press 0then CFj. Hey, I am trying calculate amortization for mortgage loans, all the steps seem right as I uttorial along but my answers always come out short between dollars short. Pressthen CFj. Over built-in functions that are easy to access without the use of menus, and are well marked making functions intuitive.

Tuttorial page requires Javascript. On Mar, Khabazela wrote: Click here to learn more. To fix this problem press 1 once per year then Shift and finally PMT. Or, perhaps you are thinking of making an investment and you would like to know what rate of return you need to earn to reach a certain future value.


The 10BII comes from the factory set to assume monthly compounding. Therefore, we will enterinto PVandinto FV. Next, enter the following data: As before, we need to be careful ho entering the PV and FV into the calculator. Press 0 ,then CFj. To check that it has taken, press Shift and then C clear all.

HP 12c RPN Business and Financial :

The cash flows that describe the prospective investment are now in the calculator. Keep that in mind because it can help you to spot incorrect answers due to a wrong input.

Asia Pacific and Oceania. Remember, the calculator only knows what you tell it, it doesn’t know what you really meant.

hp 10bII – Tutorial Ordinary Annuities :

If you know the interest rate, then we can solve for the amount of time that it will take for the present value to grow to the future value by solving for N. Your reply to Khabazela On Feb, Anonymous wrote: How much should be paid for the contract so that a yearly yield of 15 percent can be earned on the investment?

Here we are using the solid black square to represent the gold shift key. One other adjustment is important.

Are you a student? A common mistake that results in this message is putting the wrong sign on a cash flow. Sometimes you know how much money you have now, and how much you need to have at an undetermined future time period.